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The first part of the paper analyzes the inflationary risks associated with price liberalization, the welfare costs of inflation and the difficulties of East European central banks in pursuing non-inflationary policies. The main obstacles are the low credibility of stabilization policies and a...
Persistent link: https://www.econbiz.de/10005123602
The paper analyzes the role of a multilateral payments union (PU) between East European countries (EEPU) as an intermediate solution in the process to full convertibility. After a description of the main functions of a PU, which is based on the historical model of the European Payments Union, it...
Persistent link: https://www.econbiz.de/10005497971
The current study examines individuals who were raised in a certain religion and at some stage of their life left it. Currently, they define their religious affiliation as ‘no religion’. A battery of explanatory variables (country-specific ones, personal attributes and marriage variables)...
Persistent link: https://www.econbiz.de/10005656201
two sides of the Atlantic – Europe and the United States. The contribution of the study is mainly empirical, trying to … indeed more religious than the populations in the receiving countries, both in Europe and in the United States; and (b) while … Europe it has mainly the function of a buffer and of a “balm for the soul”. There is an extensive literature on the ‘bridge …
Persistent link: https://www.econbiz.de/10011084585